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Tortoise Capital Advisors Announces Distribution Dates And Amounts For Closed-End Funds

Stocks in this article: NTG TPZ TTP TYG TYN TYY

Certain closed-end funds managed by Tortoise Capital Advisors declared the following distributions today.

Fund   Ticker  

Distribution Frequency

 

Distribution Amount

 

% Change from Prior Distribution

Tortoise Energy Infrastructure Corp. TYG Quarterly $0.56000 0.45%
Tortoise Energy Capital Corp. TYY Quarterly $0.41250 0.61%
Tortoise North American Energy Corp. TYN Quarterly $0.38750 0.65%
Tortoise MLP Fund, Inc. NTG Quarterly $0.41250 -
Tortoise Pipeline & Energy Fund, Inc. TTP Quarterly $0.40625 -
 

The TYG, TYY, TYN, NTG and TTP distributions will be paid on June 1, 2012 to stockholders of record on May 23, 2012. For tax purposes, the ultimate characterization of distributions will be made after the determination of earnings and profits after year-end. For book purposes, the source of distributions for TYG, TYY, TYN and NTG is estimated to be 100 percent return of capital; the source of distribution for TTP is estimated to be approximately 60-70 percent ordinary income with the remainder return of capital.

Fund   Ticker  

Distribution Frequency

 

Distribution Amount

 

% Change from Prior Distribution

Tortoise Power and Energy Infrastructure Fund, Inc. TPZ Monthly $0.12500 -
 

The TPZ monthly distributions will be paid on June 29, 2012, July 31, 2012 and Aug. 31, 2012 to stockholders of record on the respective dates of June 22, 2012, July 24, 2012 and Aug. 24, 2012. TPZ will report the sources for these monthly distributions at the time of payment in the applicable Section 19(a) Notice.

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